Legal analysis: It is legal for shareholders to lend money to the company. As a legal person, the company itself has no property. All its property is formed by shareholders' investment in the company. Shareholders can lend money to the company after paying the registered capital in full. After the company borrows money from shareholders, it shall be recorded in the accounting books.
Legal basis: Article 115th of the Company Law of People's Republic of China (PRC). The company may not provide loans to directors, supervisors and senior managers directly or through subsidiaries.